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Cool Ride Motors assembies and sells motor vehicles and uses standard costing. Actual data relating lo Apri and May 2020 are as foliows: (Click the icon to view the data.) The seling price per vehicle is $28,000. The budgeted level of production used to calculate the budgetod fixed manufacturing cost por unit is 600 units There are no price, efficiency, or spending variances. Any production-volume variance is whitten off to cost of goods sold in the month in which it occurs. (b) Prepare Apni and May 2020 income statements for Cool Ride Motors under absorption costing. Complete the fop half of the income statement for each month first, then complete the botiom portion. (Enter a " 0 " for any zero balance accounts. Label any variances as favorable ( F ) or unfavorable (U) if an account does not have a variance, do nol select a label.) Data table Cool Ride Motors assembies and sells motor vehicles and uses standard costing. Actual data relating lo Apri and May 2020 are as foliows: (Click the icon to view the data.) The seling price per vehicle is $28,000. The budgeted level of production used to calculate the budgetod fixed manufacturing cost por unit is 600 units There are no price, efficiency, or spending variances. Any production-volume variance is whitten off to cost of goods sold in the month in which it occurs. (b) Prepare Apni and May 2020 income statements for Cool Ride Motors under absorption costing. Complete the fop half of the income statement for each month first, then complete the botiom portion. (Enter a " 0 " for any zero balance accounts. Label any variances as favorable ( F ) or unfavorable (U) if an account does not have a variance, do nol select a label.) Data table